AI and robotics are taking over the cannabis industry. Are they replacing jobs?
Key takeaways: Automation and AI are transforming the cannabis industry, impacting everything from cultivation to retail operations. Regulatory uncertainty has been slowing adoption. But human interaction remains critical, particularly in roles like budtenders, who...
Cannabis sales saw a huge spike on 4/20. Here’s why.
Cannabis sales saw a sharp rise on 4/20 this year, particularly in newly legalized states. Sales on 4/20 jumped 46.9% and transactions rose 46.6% compared to last year, according to online ordering platform Jane Technologies. ADVERTISEMENT “Every 4/20 tells us...
Why marijuana rescheduling means only limited tax relief for cannabis businesses
(This is a contributed guest column. To be considered as an MJBizDaily guest columnist, please submit your request here.) The legal marijuana industry’s situation changed significantly on Thursday when the U.S. Justice Department finally rescheduled cannabis –...
How does marijuana rescheduling affect cannabis companies now?
In the wake of medical cannabis’ official reclassification as a Schedule 3 drug under federal law on Thursday, licensed marijuana companies are making big plans. Operators told MJBizDaily they are prioritizing expansion across state lines, ramping up investments...
Marijuana is medicine again in the US as Trump administration reschedules cannabis
President Donald Trump’s acting Attorney General Todd Blanche on Thursdsay signed an order moving FDA-approved cannabis and cannabis produced by state-licensed medical marijuana operators to Schedule 3 of the Controlled Substances Act. Marijuana rescheduling...
Ari Raptis on building the backbone of cannabis logistics
This is part of a regular series of MJBizDaily interviews with major THC industry players. To be considered for an interview, contact editorial@mjbizdaily.com. In the cannabis industry, behind-the-scenes infrastructure can take a backseat to the interest in...
Virginia adult-use cannabis market launch in question after lawmaker pushback
Virginia lawmakers on Thursday rejected Gov. Abigail Spanberger’s proposed tweaks to an adult-use cannabis sales bill that included new taxes, criminal penalties and a market launch date of July 1, 2027. As CBS affiliate WIXR reported, the move means the legislature’s...
Illinois grants $32 million to marijuana social-equity businesses
Illinois, one of the first states to include marijuana social equity in its adult-use legalization law, doled out $31.8 million in forgivable loans to 95 social equity cannabis businesses on Monday, officials said. Businesses received state-backed loans ranging from...
Source: President Trump will reschedule marijuana as soon as today
Cannabis may be rescheduled under federal law as soon as today, according to a report on Axios that cited an unnamed Trump administration official “familiar with the matter.” But exactly when marijuana will be officially downgraded to Schedule 3 of the...
Delaware cannabis social equity program latest to be hijacked by ‘predatory’ investors
Delaware cannabis regulators have rejected “at least” 19 applicants for a marijuana social-equity business permit after determining they were connected to a “predatory” consulting firm accused of hijacking social-equity programs in other states. It appears to be the...
How Colorado is cracking down on unreliable cannabis lab test results
Amid accusations of illegal hemp THC inversion and potency inflation, Colorado lawmakers will consider removing commercial testing laboratories from state cannabis regulators’ list of responsibilities. Introduced last week, Senate Bill 161 would shift cannabis...Featured
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